Opalesque – A roundup of the week’s hedge fund launches, closures, index performance, trends, regulatory, legal and financial events pertaining to the alternative investments industry.
Last week, we heard of fund launches James Chanos (hedge fund); John Paulson (Ucits fund); East Coast and Arrow Hedge (grade credit instruments fund); GSB Podium Advisors (UCITS version of equity statistical arbitrage strategy); Hatteras (Multi-Strategy Funds); Auriel (dynamic currency hedging programme); Bridgewater (liquid version of Pure Alpha Fund); and Derwent Capital Markets (hedge fund using Twitter as stock market predictor). Also, Morgan Sze is to leave Goldman Sachs to launch Asia hedge fund in Hong Kong; and Icahn’s former lieutenant Keith Meister is planning an event-driven fund.
